Project Updates and Milestones news (page 11)

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  2 July 2026

  Tessenderlo Group intends to close PB Leiner Vilvoorde site

  Plans to close the Vilvoorde production site after a strategic review found no viable way to continue; a legally required employee consultation process has been opened.
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  2 July 2026

  Yara acquires Gulf Coast Ammonia Texas City plant for USD 1.3bn

  Texas City ammonia plant (1.3 mtpa) bought for USD 1.3bn; commissioning underway and ramp to full, stable output targeted by end‑2026; Air Products to supply H2/N2 under long‑term contract.
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  2 July 2026

  ICIG builds two-site European alkoxide platform

  La Rochelle operating now; Lülsdorf due end‑2027. Supplies liquid and powder alkoxides, including sodium/potassium methylate and sodium ethylate.
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  2 July 2026

  European Commission and EIB disburse €2.5bn Modernisation Fund to 51 projects in 11 EU countries

  €2.5bn from the Modernisation Fund supports 51 projects across 11 lower-income EU states to modernise energy systems, expand renewables and cut greenhouse-gas emissions.
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  2 July 2026

  SOCAR takes BTC operatorship as pipeline marks 20th anniversary

  Ceremony at Sangachal Terminal on 2 July 2026 marked the handover from bp after two decades; partners pledged to maintain safety, reliability and strengthen cooperation.
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  2 July 2026

  Rompetrol Rafinare: APC digital control boosts Petromidia production and cuts costs

  Automated process control increased high‑value product yields, lifted utilization to 98.1% and delivered estimated savings of over USD 2.5M in 2025.

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  2 July 2026

  XRG gains equity across all Rio Grande LNG trains

  Acquired an additional 7.6% in Trains 4–5, giving equity across all five construction trains; Trains 4–5 add ~12 MTPA and the project targets production in 1H 2027.
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  2 July 2026

  Symrise secures China patent for SymSave® H (CN116509735B)

  China patent protects Hydroxyacetophenone–lipophilic compositions in aqueous formulations and joins an international family covering the US, Korea, Japan, Brazil and India.
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  2 July 2026

  Commissioner Hoekstra pushes CCS scale-up across Europe

  EU aims for 50 Mtpa geological CO₂ storage by 2030; stakeholders call for investment in transport and storage, faster permitting, market demand and cross‑border cooperation.
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  2 July 2026

  AkzoNobel halves Scope 1–2 emissions four years ahead of 2030 target

  Reached a 50% cut in operational carbon vs 2018 baseline early through renewables, heat-pump conversions and site solar; Scope 3 reductions remain a 2030 ambition.
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  2 July 2026

  Covestro completes acquisition of former Vencorex HDI-derivative sites in Rayong and Freeport

  Two former Vencorex HDI-derivative sites added to expand regional production and boost supply resilience for coatings and adhesives customers.
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  2 July 2026

  Vopak acquires majority of Green Energy Storage and approves 200 MW/800 MWh Oosterhout battery

  Final investment decision on a 200 MW/800 MWh battery in Oosterhout with around EUR 230m investment; Greenchoice to offtake half under an 8‑year tolling deal; operations targeted H1 2028.
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  2 July 2026

  Roche: Divarasib outperforms first‑generation KRAS G12C inhibitors in phase III Krascendo 1

  Head‑to‑head phase III in previously treated KRAS G12C NSCLC: divarasib improved progression‑free and overall survival versus sotorasib/adagrasib with a consistent safety profile.
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  2 July 2026

  ttz Bremerhaven mobile green hydrogen station enables rapid hydrogen bus deployment in Lower Saxony

  Mobile refuelling unit supplies six fuel-cell buses with RFNBO-certified green hydrogen, allowing service start in December 2025 while a permanent station is built in 2026.
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  1 July 2026

  Anderson Greenwood Crosby Sanmar Limited expands PRV capabilities

  Launches F92 high‑temperature PRV; in‑house testing to 6000 psig and 380 bar; capacity 18,000 valves/yr and >200,000 installed base; works with high‑nickel alloys.
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  1 July 2026

  Envirocat Alkoxides to open alkoxide plant in Chemiepark Lülsdorf

  Alkoxide production site in Chemiepark Lülsdorf, operations due end‑2027; sales org set up in 2026; producing liquid and powder sodium methylate, potassium methylate and sodium ethylate.
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  1 July 2026

  Genentech's divarasib outperforms approved KRAS G12C inhibitors in Phase III NSCLC trial

  Head-to-head Phase III shows divarasib improves progression-free and overall survival versus sotorasib/adagrasib; safety consistent; data to be filed and presented.
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  1 July 2026

  Motherson and PureCycle produce Class-A bumper with 30% recycled polypropylene

  Class-A automotive bumper prototype uses 30% recycled polypropylene; technical details to be presented at Startup Autobahn Expo; aligns with upcoming EU ELV recycled-content mandates.
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  1 July 2026

  Air Liquide Turbo‑Brayton posts record order intake in 2024

  Close to 70 Turbo‑Brayton units ordered in 2024; cryogenic reliquefaction for LNG carriers and bunker vessels, plug&play and low-power operation.
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  1 July 2026

  Turbotech, Safran and Air Liquide validate liquid‑hydrogen turbine for light aviation

  Ground tests confirm a liquid hydrogen‑fueled gas turbine integrated with a –250°C cryogenic tank for light aircraft, advancing a retrofit-certification methodology.
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  1 July 2026

  Zeeland report positions region as energy hub for the Netherlands and Europe

  Study maps coordinated build-out of renewables, electrification, CCS, hydrogen and infrastructure; issues six recommendations and launches a regional strategic demand alliance with national partners.
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  1 July 2026

  Air Liquide, Nexans, RTE and partners launch SupraMarine HTS subsea HVAC demonstrator

  Liquid-nitrogen-cooled high-temperature superconducting HVAC subsea cable demonstrator to link distant offshore wind farms to shore; test planned by 2028 with €7.3m grant.
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  1 July 2026

  Reju opens U.S. R&D center in Conshohocken

  First North American lab to accelerate polyester chemical recycling and scale next‑generation circular solutions, co‑located with Technip Energy’s research infrastructure.
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  1 July 2026

  BASF and Carlyle complete coatings transaction; BASF retains 40% of Surventis

  €7.7bn enterprise-value deal delivered ~€5.8bn pre-tax cash to the seller; coatings businesses reorganised as Surventis covering automotive OEM, refinish and surface treatment.
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  1 July 2026

  Symrise wins L'Oréal 2026 Energy Award for 'Closing the Hydrogen Loop'

  Circular process captures and recycles hydrogen in Hydrolite® 5 green production, cutting fresh hydrogen use ~80% and achieving ~98% recovery to lower emissions and strengthen supply resilience.
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  1 July 2026

  Nobian marks five years advancing raw-material production and sustainable chemistry in Europe

  Five-year progress includes ISCC PLUS-certified chloromethanes, RFNBO green hydrogen production, four EcoVadis Platinum ratings, and a 2024 Dutch agreement targeting near-zero CO₂ by 2030.
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  1 July 2026

  OMV and Energie Steiermark launch Tiefenkraft deep geothermal project

  Seismic survey completed; Petersdorf 2 exploration well due Q4 2026; potential up to 670 GWh/yr by 2037 covering ~50% of Graz district heating; 20 km pipeline, €150m.
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  1 July 2026

  Trinseo raises climate and renewable targets in FY2025 sustainability report

  Raises Scope 1 & 2 intensity reduction to 50% by 2035 (41% achieved vs 2017); renewables target 30% by 2030 (28% in 2025); broadens water stewardship and advances recycling pilots.
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  1 July 2026

  Siemens invests €300m in Germany to expand switchgear production

  New Offenbach supplier site and expanded Frankfurt plants to boost switchgear capacity; construction starts July 2026, production from spring 2027, 700 jobs by 2030.
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  1 July 2026

  OCI recommends NNS EUR 4.10 all-cash offer; court-appointed directors consent to convene EGM for Orascom vote

  Board (excluding Nassef and Nadia Sawiris) backs NNS cash offer and court-appointed directors agree to convene an EGM to approve the Orascom transaction, conditional on NNS declaring and settling the offer.